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Published on Tuesday, August 2, 2011

The NAIRU is Higher

Summary

Dispersion in NAIRU estimates is at a high level, underscoring uncertainty. FOMC estimates of potential GDP will drift downwards slightly over several quarters

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Documents and files

Report (PDF)

110802_EconomicWatchEEUU_117_esp_tcm346-265097.pdf

Spanish - August 2, 2011

Report (PDF)

110802_EconomicWatchEEUU_117_tcm348-265097.pdf

English - August 2, 2011

Authors

BR
BBVA Research BBVA Research
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